Christa Babcock, owner of Babcock Corporation, knows that her company's cost of goods sold is $432,687 and that her company's inventory turnover ratio is 6.8 times per year. Babcock Corporation's gross profit margin is 51.9 percent. Christa knows that inventory levels vary depending on the time of year, but she wants to know her company's average inventory level. Babcock's average inventory level is:

The following information is from the 2019 records of albert book shop: accounts receivable, december 31, 2019 $ 42 comma 000 (debit) allowance for bad debts, december 31, 2019 prior to adjustment 2 comma 000 (debit) net credit sales for 2019 179 comma 000 accounts written off as uncollectible during 2017 15 comma 000 cash sales during 2019 28 comma 500 bad debts expense is estimated by the method. management estimates that $ 5 comma 300 of accounts receivable will be uncollectible. calculate the amount of bad debts expense for 2019.